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Geopolitics and Oil: The Middle East Perspective
This chapter explores the intricate dynamics of the Middle East, focusing on the tensions between Israel and Iran and their implications for the global oil market. It highlights the potential effects of military actions and natural disasters on oil prices, along with the complexities of Iran's oil infrastructure and the reactions of the U.S. government. Additionally, it examines the interplay between electric vehicles and oil demand, particularly in the context of China's economic landscape and its influence on future oil consumption.